Carnival Corporation (CUK) Insider Alan Buckelew Sells 15,000 Shares
Carnival Corporation (NYSE:CUK) insider Alan Buckelew sold 15,000 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $67.02, for a total transaction of $1,005,300.00. Following the transaction, the insider now directly owns 150,860 shares in the company, valued at $10,110,637.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Alan Buckelew also recently made the following trade(s):
- On Friday, July 21st, Alan Buckelew sold 15,000 shares of Carnival Corporation stock. The shares were sold at an average price of $67.52, for a total transaction of $1,012,800.00.
Shares of Carnival Corporation (NYSE CUK) opened at 68.05 on Monday. The stock has a 50 day moving average of $66.96 and a 200-day moving average of $60.94. The firm has a market capitalization of $49.27 billion, a PE ratio of 18.00 and a beta of 0.70. Carnival Corporation has a 12 month low of $44.60 and a 12 month high of $69.12.
Carnival Corporation (NYSE:CUK) last posted its quarterly earnings results on Thursday, June 22nd. The company reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.07. Carnival Corporation had a return on equity of 11.26% and a net margin of 16.48%. The company had revenue of $3.95 billion during the quarter. On average, equities research analysts anticipate that Carnival Corporation will post $3.57 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend is Wednesday, August 23rd. Carnival Corporation’s dividend payout ratio (DPR) is presently 42.55%.
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Large investors have recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Carnival Corporation during the first quarter worth $887,000. Sei Investments Co. increased its stake in Carnival Corporation by 0.5% in the first quarter. Sei Investments Co. now owns 49,805 shares of the company’s stock worth $2,883,000 after buying an additional 259 shares during the period. Karp Capital Management Corp purchased a new stake in Carnival Corporation during the first quarter worth $58,156,000. World Asset Management Inc increased its stake in Carnival Corporation by 1.5% in the first quarter. World Asset Management Inc now owns 13,486 shares of the company’s stock worth $781,000 after buying an additional 193 shares during the period. Finally, Renaissance Group LLC increased its position in shares of Carnival Corporation by 0.6% in the first quarter. Renaissance Group LLC now owns 250,910 shares of the company’s stock worth $14,525,000 after buying an additional 1,377 shares during the last quarter. 3.43% of the stock is owned by institutional investors.
Separately, ValuEngine upgraded shares of Carnival Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 30th.
Carnival Corporation Company Profile
Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.
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